AM Surveying Property Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06458260

AM Surveying Property Services Limited

Filleted Unaudited Financial Statements

31 July 2025

AM Surveying Property Services Limited

Financial Statements

Year ended 31 July 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

AM Surveying Property Services Limited

Statement of Financial Position

31 July 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	3,050,315	804,336

Current assets

Debtors	6	447,000	264,905
Cash at bank and in hand		78,621	7,988
		---------	---------
		525,621	272,893

Creditors: amounts falling due within one year	7	784,969	598,131
		---------	---------
Net current liabilities		259,348	325,238
		------------	---------
Total assets less current liabilities		2,790,967	479,098

Creditors: amounts falling due after more than one year	8	2,065,996	281,495

Provisions	71,922	55,927
	------------	---------
Net assets	653,049	141,676
	------------	---------

Capital and reserves

Called up share capital	3	3
Revaluation reserve	117,000	–
Profit and loss account	536,046	141,673
	---------	---------
Shareholders funds	653,049	141,676
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

AM Surveying Property Services Limited

Statement of Financial Position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 17 November 2025 , and are signed on behalf of the board by:

Mr M G Mackintosh
Director

Company registration number: 06458260

AM Surveying Property Services Limited

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 42 New Road, Ditton, Aylesford, Kent, ME20 6AD, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. For the rendering of services, revenue is recognised when the services are transferred. When the outcome of a transaction can be estimated reliably, revenue is recognised based on the stage of completion of the transaction at the end of the reporting period. If the outcome of the transaction involving the rendering of services cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Office equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Government grants

Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 49 (2024: 42 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Office equipment	Total
	£	£	£	£	£	£
Cost
At 1 Aug 2024	403,373	30,292	60,664	469,407	41,148	1,004,884
Additions	1,988,503	1,578	22,927	367,750	25,741	2,406,499
Disposals	( 88,432)	( 158)	–	( 37,740)	–	( 126,330)
	------------	--------	--------	---------	--------	------------
At 31 Jul 2025	2,303,444	31,712	83,591	799,417	66,889	3,285,053
	------------	--------	--------	---------	--------	------------
Depreciation
At 1 Aug 2024	–	12,033	29,430	126,575	32,510	200,548
Charge for the year	–	2,909	4,713	49,439	8,297	65,358
Disposals	–	( 8)	–	( 31,160)	–	( 31,168)
	------------	--------	--------	---------	--------	------------
At 31 Jul 2025	–	14,934	34,143	144,854	40,807	234,738
	------------	--------	--------	---------	--------	------------
Carrying amount
At 31 Jul 2025	2,303,444	16,778	49,448	654,563	26,082	3,050,315
	------------	--------	--------	---------	--------	------------
At 31 Jul 2024	403,373	18,259	31,234	342,832	8,638	804,336
	------------	--------	--------	---------	--------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	347,998	217,058
Other debtors	99,002	47,847
	---------	---------
	447,000	264,905
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	15,128	–
Trade creditors	118,004	48,644
Corporation tax	250,358	220,856
Social security and other taxes	209,809	126,350
Other creditors	191,670	202,281
	---------	---------
	784,969	598,131
	---------	---------

At the balance sheet date, Allica Bank Limited hold a fixed and floating charge over all the property or undertakings of the company. At the balance sheet date, Allica Bank Limited hold a fixed charge over the freehold land at Orchard House, ME17 4DH, registered at HM land registry with title number K492343.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,563,418	–
Other creditors	502,578	281,495
	------------	---------
	2,065,996	281,495
	------------	---------

9. Related party transactions

At the year end the company owed the Director £8,000 (2024: £nil).